Glenbriar Technologies closes $40K rights offering

pcNewsWireGlenbriar Technologies Inc. (CSE: GTI) has completed its rights offering, issuing 2,000,000 common shares at $0.02 per share for gross proceeds of $40,000.

News Release

Glenbriar Announces Results of Rights Offering

CALGARY, AB, May 29, 2017 — Glenbriar Technologies Inc. (CSE: GTI) today announced the results of its rights offering, which expired on May 20, 2017. Glenbriar received subscriptions for 2,000,000 common shares at $0.02 per share, resulting in gross proceeds of $40,000. This raises the number of issued and outstanding common shares to 50,421,510.

About Glenbriar

Glenbriar Technologies Inc. (CSE: GTI) is a leading provider Cloud-enabled business technology solutions, including IT Services, Cloud Services and Unified Communications. See for more details.

For further information call:

Robert Matheson, CEO
Glenbriar Technologies Inc.
+1 (403) 450-7410

The CSE has not reviewed and does not accept responsibility for the adequacy and accuracy of this information.

SOURCE: Glenbriar Technologies Inc.